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17 January 2013

Pensions and stuff

What with the news about the changes to the retirement age, the changes to NI contributions, the equalising of policies whether you are a man or woman and the changes to all sorts of benefits - meant I thought I had better get my stuff checked out.

Quick trip round to see my friendly local financial adviser and it seems:

I have 17 years in which to make up 5 years of NI contributions - that shouldn't be too difficult to do

I have the best pension schemes available already. They will just sit and rise with inflation until 2024 or 2027 depending on how successive governments change the rules

My pension can be left to someone if I require - so I need to start speaking to potential beneficiaries and see if they are interested - form an orderly queue people :-)

So I am sitting pretty with very little to worry about (at the moment). And relax.